Brendarsquos face lift salon has signed a ten year contract, Ask an Expert

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Brenda’s Face Lift Salon has signed a ten year contract for the old Dupree estate on Rockefeller Road. The annual rental is quite reasonable at $75,000. This rental must be paid even if no customers ever sign up for the procedures. Brenda’s other fixed costs per year are presently $40,000. Average variable costs per face lift are $600 and the average price per face lift procedure is $2000. What will annual profit be if the annual volume is 300 jobs?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91975226

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